What is corporate housing? Who are the frequent users of short-term rentals? What are the major benefits of corporate housing?

Corporate housing is fully furnished and serviced housing that is available for rent temporarily to the clients. If you opt for corporate housing, then all you require is to walk in to stay with just a suitcase & some food to store in the fridge. This housing is also often referred to as executive apartments, corporate apartments, short-term accommodation, serviced apartments or temporary housing. 

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The average stays in a particular corporate housing is about a couple of months, which is longer than an average business trip. Some of the providers of corporate housing also set minimum stays of a period of two weeks or one month. 

The concept of corporate housing involves living spaces like condominiums or apartments. This is crucial to keep in mind that “corporate housing” is a well-maintained physical space that can be rented and offers several services for the clients’ comfort. 

Who are the frequent users of corporate housing, and what is the reason behind the same? 

Business travelers are usually the most frequent users of the various corporate housing offerings. The popularity of corporate lodging is the most in the big metropolitan cities where the prospects for business are more. 

Government employees of higher cadres also often use corporate housing when living in different cities to complete their extended assignments. The concept and offering of corporate housing have proved to be very useful for employees who frequently need to relocate. 

Some of the commonest industries that use corporate housing to accommodate employees are as follows: 

  • Technology industries where several employees come to the headquarters for an on-site project 
  • Banking and finance industry 
  • Construction and manufacturing industries 
  • Military and government industries 
  • Professional services industry 
  • Oil, gas and energy industry 
  • Entertainment industry 
  • Healthcare industry 

What are the major benefits of corporate housing? 

Corporate housing is a very happy medium that one can choose for accommodation in a distant city for a temporary stay of a couple of months. 

Like an apartment or a house, corporate housing usually offers a higher privacy level and several features that can be as good as the comfort of your home. There will be no requirement for dining outside or ordering room service as there is a full-fledged kitchen with all utensils and equipment in these accommodations. Corporate housing is usually built inspired by the residential setting. 

If you are looking for the best corporate housing, you should opt for the Corporate Housing Experts Company services, which will provide you with the most dedicated service in this segment.

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